PPP Loan information for Waconia ford sales, inc.

$452,900

Waconia ford sales, inc. was initially approved for PPP Loan of amount $452,900, the current approved amount is $452,900. The loan was approved on 04/04/2020 by The First Resource Bank reported 47 jobs and $452,900 was used to fund payroll.

Waconia ford sales, inc. is Existing or more than 2 years old

WACONIA FORD SALES, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WACONIA FORD SALES, INC.

Borrower Address

235 W Hwy 5

Borrower City

WACONIA

Borrower State

MN

Borrower Zip

55387

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

452900.00

Current Approval Amount

452900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACONIA

Project County Name

CARVER

Project State

MN

Project Zip

55387-0001

CD

MN-06

Jobs Reported

47

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

57203.00

Payroll Proceed

339740.00

Mortgage Interest Proceed

55957.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

455679.44

Forgiveness Date

11/25/2020

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